Rent control policies are regulations that limit the amount landlords can increase rent, intended to keep housing affordable. Proponents argue that it makes housing more affordable and prevents exploitation by landlords. Opponents argue that it discourages investment in rental properties and reduces the quality and availability of housing.
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1. Rent Control with Flexibility:
Rent control policies should allow for gradual rent increases tied to inflation or market conditions, ensuring that rent prices remain affordable while allowing landlords to cover rising costs and make necessary property improvements.
2. Incentives for Landlord Investment:
To avoid disincentivizing maintenance and property development, governments could offer tax incentives or subsidies to landlords who invest in maintaining or improving their rental properties. This would help balance affordability with property quality.
3. Increased Housing Supply:
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@9TZ5TSD7mos7MO
It depends on what the cost that the government will give. If it's more expensive and putting more council tax on then it's a no. But if it will actually make it affordable for those who are already struggling for housing then yes
@9SB52438mos8MO
Yes but they should also limit mortgage increases on those who rent privately in order to keep the property in the rental pool.
I believe that there should be a cap but this would not be great because if there was a limit on a property in a really good location that was sort after it wouldn’t be great for the landlords.
@9QHJSJ610mos10MO
Not limit but I think it should be means tested and proportionate to to value of the house dependant on the area
@9QH6DF710mos10MO
Yes, but with conditions in place to mitigate greed-based increases. Tent should go up when housing costs increase. Landlords should not suffer financially for the sake of renters not paying more
@9QD864VConservative10mos10MO
I think renters should be given more rights and protection against mistreatment from landlords, not necessarily cap the amount that can be charged
@9Q87D4J10mos10MO
Yes but there also needs to be more control over mortgage rates to protect landlords/ property owners too
@9Q7HXPX10mos10MO
This depends on how many properties a landlord has if one has 1 property and needs rent to be that high in correlation to the city average then yes if its their 10th income stream then no
@9Q6B2N510mos10MO
No but quality standards in renting property should be enforced to ensure substandard properties don't go our for rent
@9PH8VXS10mos10MO
Yes, but this can only be an agreed precentage over the mortgage price so both renters and landlord are both aware of changing mortgage rates and costs.
@9PFXLZ810mos10MO
Means tested rental bands whereby a tenant’s income dictates the maximum amount that can be charged for rent. No idea how this would work in practice.
@9PFMP5PConservative10mos10MO
Yes but regulations of housing standards need to then be stricter too as landlord incentive for quality may still stay low
@9RHWDQ69mos9MO
Yes, however this should be tied to fair rental yields with respect to wider market property prices.
@9Q2HR8Z10mos10MO
This boat has already sailed but this should have been stopped years ago by stopping people buying second plus property’s to rent by means of a second mortgages.
@9PY323L10mos10MO
Absolutely not. Most political parties display a complete lack of comprehension on housing policy. Private rented accommodation requires landlords, if being a landlord becomes completely unprofitable then landlords will leave the market which will only worsen the situation as demand remains consistent against worsening supply. Seen clearly in Scotland where this was repealed.
@9PQ7W9Y10mos10MO
Yes but they should also consider the viability of the investment from a landlords perspective; rent increases are due to increases in tax on landlord rental income which has been passed to the tenant
@9PDV82610mos10MO
There should be more council housing and right to buy should be abolished. The market would settle naturally.
@9PQ97TY10mos10MO
Houses are a complex commodity, there is no true value to a house as there are so many externalities and the housing markets is complex as such.
@9P6LYBDConservative10mos10MO
Yes, but it should also be means tested and only to apply properties where the rent is over a specific amount, for example, a 1 bed flat should not cost more than £700 pcm in a major city e.g. London
@9P2KF7910mos10MO
If that were the case they would also have to limit the amount of interest on buy to let mortgages. The mortgage could exceed the rent limit set and put the landlord into financial difficulty.
@9P2C7TR10mos10MO
Yes for housing benefit tenants, no for private tenants but without the need for housing benefit tenants to have to make up the shortfall. Housing benefit rent payments to be made direct to landlord and payments can be stopped by local government if house does not pass a safety insopection, carried out in line with gas and electricity safety imspections.
@9NZF9FC10mos10MO
Depends on mortgages and landlord requirements. Landlords shouldn't be making a profit, only to be able to pay off a mortgage and upkeep the property.
@9NS2X4Z10mos10MO
No, however if a landlord is not doing their bit then tenants shouldn’t have the right not pay full rent (like a minimum) until issues are resolved
@9PZZKXC10mos10MO
Yes- but there should also be the same for the landlords who only have one additional home on increase of interest rates and bills
@9P3JW5S10mos10MO
Yes but only in conjunction with a banking and hosing developers reform to Insure it is reflective of interest rates and house prices
@9NQ4WBQConservative10mos10MO
As long as the policy allows for a fair increase in rent I.e. in line with mortgage rate and inflation rises
@9Q4H2K610mos10MO
I believe rent should be charged in relation to how much the landlord themselve's has to pay for the property in question.
it has proven to not really work very well, so only if they could find a solution which works within the market
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